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we have regulators breathing down our neck and it's hard to earn an extra buck in that environment. you're seeing citi, in fact, address those concerns in the layoff announcement today. >> ifill: what does that tell bus the health of the banking sector and whether other big banking institution might be following suit? >> citigroup is not as mump an indicator species as i think people would want it to be. 15 years ago, it was the financial supermarket. it rolled everything together. it's one-stop shopping, and that mold has been called into question, not least by the architect of this model, sandy wiel, saying we should break up the big banks. gwen, i think it tells us more about the end of the era of kind of this force conglomeration of bank where's bigger is naturally better. you have seen, obviously, too big to fail banks become too bigger to fail, such as j.p.morgan, or wells fargo which bought wachovia. but there are others who find they can't hit their stride with the asset they say accummed a decade ago. >> ifill: what we're watching happening at citigroup. does that make them
we have regulators breathing down our neck and it's hard to earn an extra buck in that environment. you're seeing citi, in fact, address those concerns in the layoff announcement today. >> ifill: what does that tell bus the health of the banking sector and whether other big banking institution might be following suit? >> citigroup is not as mump an indicator species as i think people would want it to be. 15 years ago, it was the financial supermarket. it rolled everything together....
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Dec 6, 2012
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even in a postal strike environment, if iran wanted to reconstitute its nuclear program, do we have a problem with nuclear smuggling? >> without outside assistance, iran would not have a large centrifuge program. the death developed a small one overtime, but it depended -- they have developed a small one overtime. they have been smuggling dual- use goods that are necessary to build centrifuges and centrifuge plants since the 1980's. the family will talk about this. -- they freely will talk about this. there are very dependent, and they're active now. there was another court case, and arrested some smugglers yesterday trying to buy things here. carbon fiber. but they were looking for a carbon fiber when the machine. these things are used in missiles, -- winding machine. these things are used in missiles. europe has tightened up. they have been working actively in china to buy european- american-chinese goods. the government is not completed, but they're not doing enough. we're thinking that pressure needs to be brought on china. goods made in germany, sold by that company to the chines
even in a postal strike environment, if iran wanted to reconstitute its nuclear program, do we have a problem with nuclear smuggling? >> without outside assistance, iran would not have a large centrifuge program. the death developed a small one overtime, but it depended -- they have developed a small one overtime. they have been smuggling dual- use goods that are necessary to build centrifuges and centrifuge plants since the 1980's. the family will talk about this. -- they freely will...
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Dec 7, 2012
12/12
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chewing the iranians in the united states, the ukrainians hands down are better able to operate in that environment and take whatever marginal advantage they can, not only with alawite and kurds, but everybody who remembers the experience in iraq with al qaeda. sunni jihad is as well, particularly vis-À-vis the united states or the surrogate the israelis. that is a real concern. it's one of the real tragedies of this entire affair sobol i think ambassador ford is absolutely correct by working very hard and diligently to bolster moderates, to help them both politically and materially to succeed and to win the day in syria and defeat the assad regime is absolutely the way to go and to have done that as quickly as possible. unfortunately despite ambassador ford's best efforts, my sense is that it's not really been the administration's policy, at least in practice over the last 20 months. therefore, we are perilously close. i must say i'm quite despairing that the window has almost closed in terms of an effect of u.s. ability to intervene in a meaningful way and have our interest in voice represented
chewing the iranians in the united states, the ukrainians hands down are better able to operate in that environment and take whatever marginal advantage they can, not only with alawite and kurds, but everybody who remembers the experience in iraq with al qaeda. sunni jihad is as well, particularly vis-À-vis the united states or the surrogate the israelis. that is a real concern. it's one of the real tragedies of this entire affair sobol i think ambassador ford is absolutely correct by working...
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Dec 1, 2012
12/12
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we are no longer in the environment. we're in a complex economy the inner dependent that really relies on organizations to provide us with the necessities. so we have to update our thinking, and think longer term, focus on stories that actually represent trends, and not compage -- exaggerate noise. we have to get away from fear. fear played a role in the development of human societies in the earliest stages, it's encoded in the dna, but to evolve, to a sort of complex modern stliermt we live in, we have to update the most basic aspects, so that's what your question speaks to if. >> -- full venture capitalist? >> you know, the opposite of that might be say, well, venture capitalist has to be inherently optimistic, why would you invest in thing where there are uncertain returns and so forth. telling the story about "the coming prosperity." that's a story, you know, easily characterized. and i really don't see it that way. from my standpoint, when think about optimism, i think the definition of an optimist is somebody who i
we are no longer in the environment. we're in a complex economy the inner dependent that really relies on organizations to provide us with the necessities. so we have to update our thinking, and think longer term, focus on stories that actually represent trends, and not compage -- exaggerate noise. we have to get away from fear. fear played a role in the development of human societies in the earliest stages, it's encoded in the dna, but to evolve, to a sort of complex modern stliermt we live...
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Dec 7, 2012
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and they have a role in maintaining the peaceful global security environment. if the issue is that they're not part of that global security environment, then i think we have to be concerned about that. >> so -- [inaudible] >> well, i think we're, we're hopeful that they're part of the security environment, and we're doing everything we can possible with our, with the chinese at least on the mil to mil to try to bring them into the security environment in a way that's already fairly mature globally, in a way that they are productive part of that environment. >> [inaudible] >> mike gibbons from the times. admiral, since the strategy was changed to focus efforts towards your area of the world, what would you say are the most important capabilities you've actually been able to add to pacific command than what you had before? >> well, i'd like to note we've only been at the rebalance publicly for less than a year, so strategies often take time to be able to gets a sets and policies in place. but i think the most important thing was what we did at the beginning was t
and they have a role in maintaining the peaceful global security environment. if the issue is that they're not part of that global security environment, then i think we have to be concerned about that. >> so -- [inaudible] >> well, i think we're, we're hopeful that they're part of the security environment, and we're doing everything we can possible with our, with the chinese at least on the mil to mil to try to bring them into the security environment in a way that's already fairly...
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Dec 4, 2012
12/12
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-- about the environment in those areas? >> we are continuing to track the prevalence and identify children and a younger age. we have components to identify children at age 4. we are reviewing a study to try to understand what is impacting the prevalence rate from a community perspective, understanding how to our identified and diagnosed in the community as well as changes in risk factors and modeling how those changes over time might have influenced the the rate. rex my colleague talked about by it and other family instances. is there a part of this month during -- monitoring where families are interviewed? >> we have a second research program as well as activities that are ongoing at the nih. we have a research component in six states to do just that, to enter the dam is coming get more detailed information from medical records, to compare children -- dam it and children who have autism versus those who do not -- families of children who have autism versus those who do not. we have just completed the first phase. we have
-- about the environment in those areas? >> we are continuing to track the prevalence and identify children and a younger age. we have components to identify children at age 4. we are reviewing a study to try to understand what is impacting the prevalence rate from a community perspective, understanding how to our identified and diagnosed in the community as well as changes in risk factors and modeling how those changes over time might have influenced the the rate. rex my colleague talked...
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Dec 7, 2012
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they're very concerned about how that creates an economic environment that puts them at risk. but they immediately move, in terms of taking care of the basics of issues, they didn't do things that have much more mean, much more mean to them and focus around jobs, growth, getting more disposable income into that household. so you see on the one level at the abstract level, debt, deficit, fiscal cliff. there's an immediate transition been to the to do list, which is what they would like to see effort. finally, and interestingly with all of this battering that people have taken during this last few years of difficult economy, we gave voters, we will go through this question in detail, but we gave voters a choice. short term, solutions to fix the problem, our long-term visionary policies that will put us on the right track? interestingly enough at this point people are thinking longer-term. part of that restored optimism is different for different groups, but generally speaking people are looking for longer horizons. just quickly, the mood of the country, you see the track, the re
they're very concerned about how that creates an economic environment that puts them at risk. but they immediately move, in terms of taking care of the basics of issues, they didn't do things that have much more mean, much more mean to them and focus around jobs, growth, getting more disposable income into that household. so you see on the one level at the abstract level, debt, deficit, fiscal cliff. there's an immediate transition been to the to do list, which is what they would like to see...
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Dec 7, 2012
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name what they are and will they be able to perform regardless of the macro environment? >> all right. we are focused on. companies that can grow regardless of what happens in the economy. three stocks we like, one is denbury resources. what's interesting about them is they have hedged their forward sales of oil so the lowest they're going to receive is $80 next year. at those rates, they're going to be a very profitable company. it's a very inexpensive stock. we like that. it's a u.s. oil producer as well. we like that. link linkedin, we think attracted as much attention as it should. they're executing very well in the professional business social networking sense. in particular, head hunters across the globe. this is now the method of head hunting. finally, an enterprise software design company used in making semiconductor chips. we see them as providing a very stable and growing play on technology without necessarily having to pick, you know, end winners. >> got it. >> thank you. >> very good, guys. thank you all for joining us today. rick, good luck with the reapprais
name what they are and will they be able to perform regardless of the macro environment? >> all right. we are focused on. companies that can grow regardless of what happens in the economy. three stocks we like, one is denbury resources. what's interesting about them is they have hedged their forward sales of oil so the lowest they're going to receive is $80 next year. at those rates, they're going to be a very profitable company. it's a very inexpensive stock. we like that. it's a u.s....
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Dec 2, 2012
12/12
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FOXNEWSW
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. >> well, a lot of people worry about the many years that japan has been in a slow growth environment, but they've kept interest rates very low in japan, but the problem is, government is too big. that's why japan has not been able to start growing again. and this is the path that the u.s. is certainly on if we don't change that dynamic. >> paul: kim, is there any recognition about this in washington or is it all -- i mean, do you hear any of this discussion or do they really believe, certainly, the white house and the treasury, that tax rates like this don't matter, at that ultimately-- >> no, they do to a degree. if you talk to the officials iran up, come on, so we're going to raise the rates, what is fascinating to put it in the bigger context of the debate about tax revenue, the economists have the static view, you've got x-amounts of capital gains income and you get 20% more tax revenue. >> you don't, because people decide to shelter it. they do their transactions the year before, when the amount is less. and so, all of these numbers that the white house is counting on and sort o
. >> well, a lot of people worry about the many years that japan has been in a slow growth environment, but they've kept interest rates very low in japan, but the problem is, government is too big. that's why japan has not been able to start growing again. and this is the path that the u.s. is certainly on if we don't change that dynamic. >> paul: kim, is there any recognition about this in washington or is it all -- i mean, do you hear any of this discussion or do they really...
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Dec 6, 2012
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it is nasty stuff. >> significant doses, it could kill everyone in an environment? >> well, if you get a big enough dose it can kill you, no doubt about it. you know, the japanese cult used it in japanese subways in tokyo. made over 5,000 people ill and killed 13. it is serious. >> dr. chaffner is live with us. thank you. the egyptian president has finished speaking and now whoa do have some news -- now we do have some news of note. he will not tolerate anybody working to overthrow the government. but this is just in and it came from the end of the speech. the egyptian president mohamed morsi has called for a national dialogue meeting the day after tomorrow. friday is the day of prayers. saturday like the first day of the workweek, that is going to be the day where they call for national dialogue. they are trying to get the two sides together to come to agreements. he says this dialogue will cover the fate of the upper house of parliament. it will cover election law and a political road map. here is the main thing. president morsi says he will form a new assembly to
it is nasty stuff. >> significant doses, it could kill everyone in an environment? >> well, if you get a big enough dose it can kill you, no doubt about it. you know, the japanese cult used it in japanese subways in tokyo. made over 5,000 people ill and killed 13. it is serious. >> dr. chaffner is live with us. thank you. the egyptian president has finished speaking and now whoa do have some news -- now we do have some news of note. he will not tolerate anybody working to...
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Dec 1, 2012
12/12
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there are many differences between the environment in the budget of 1990 and today. today's parties are more polarized than they have been in decades and there are macro trends that make the divide even deeper. the difference is, the parties today are will recall ideologically sorted. according to the national journal, the most liberal is more conservative than the most conservative democrat. by the way, olympia snowe, the gap even gets wider. some of the more liberal republicans are leaving the house. that device gets even deeper. the parties are ideologically sorted. complimenting that, reinforcing that division are three other major factors that did not exist in the 1980's. the way congressional districts are drawn with computer models today, most districts are pre drawn to elect one party or the other. that means most of us in the house or about primary elections, we do not worry about the in general elections. my experience has been primary voters punished compromise. there is a slew of former members that had higher aspirations that can testify to that. when yo
there are many differences between the environment in the budget of 1990 and today. today's parties are more polarized than they have been in decades and there are macro trends that make the divide even deeper. the difference is, the parties today are will recall ideologically sorted. according to the national journal, the most liberal is more conservative than the most conservative democrat. by the way, olympia snowe, the gap even gets wider. some of the more liberal republicans are leaving...
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Dec 6, 2012
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. >> except that if we go over the cliff and given how tenuous this economic environment is right now, i mean, the message that sends to business leaders, employers, let alone the american people, is this place is not only ungovernable, it is dysfunction beyond dysfunction. >> a friend of mine, a wealthy california guy, a liberal, said, if you think they're going to trust you after you miss the january 1st deadline, they'll be no trust. they'll say, if you can't meet your own deadline, why would you meet anybody else's. >> and the markets, whether it's europe or american, are pricing in a solution. you see it really quite clearly. >> somebody was on -- mcmahon yesterday was wrong, they're not pricing a failure, they're pricing in a solution. thank you, chris kofinis, for that report from greece. jared bernstein, as always, thank you. >>> when we return, let me finish with the ghost of fiscal cliff yet to come. wait until you see this story. you're watching "hardball," the place for politics. [ woman ] ring. ring. progresso. in what world do potatoes, bacon and cheese add up to 100 cal
. >> except that if we go over the cliff and given how tenuous this economic environment is right now, i mean, the message that sends to business leaders, employers, let alone the american people, is this place is not only ungovernable, it is dysfunction beyond dysfunction. >> a friend of mine, a wealthy california guy, a liberal, said, if you think they're going to trust you after you miss the january 1st deadline, they'll be no trust. they'll say, if you can't meet your own...
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Dec 1, 2012
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there are certain special obligations that come with that, stored ship of the environment. we have enormous interest in our own resources and our people. 40% of canadian land mass is above the 50th parallel, yet we only health -- have 100,000 of our people living there. is an enormous challenge, obligation, even to continue to exert the sovereignty. you mentioned a search and rescue. at this time of year, but there are 24 hours a day and temperatures plummet below 50 degrees celsius. you have open waters and changes that are born to create a lot of challenges because more people are simply going to go there and more countries have exerted or expressed an interest. you mentioned china. there are many others who want to be a part of this arctic council. to your question about the obligation to, i think it comes back to people playing by the rules and respectable of the fact that there are places where disputes arise, as is the fact between canada and the united states on the bering sea and some of the border areas of the arctic. i think there is a recognition and that countri
there are certain special obligations that come with that, stored ship of the environment. we have enormous interest in our own resources and our people. 40% of canadian land mass is above the 50th parallel, yet we only health -- have 100,000 of our people living there. is an enormous challenge, obligation, even to continue to exert the sovereignty. you mentioned a search and rescue. at this time of year, but there are 24 hours a day and temperatures plummet below 50 degrees celsius. you have...
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Dec 7, 2012
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are we in a low-interest rate environment today? maintaining current policy a least three years or so should that be the prevailing environment assumption? >> you make a very important point in terms of the fact that the review was done not today but at a point with economic projections in july, over the summer. it is accurate that interest rates have dropped further than were built into the primary, actuarial view. there are two factors to that. home prices have performed better than were used in the actuarial. it would be significant lead better -- significantly better today just on that one variable. the second point is that the view is a point in time that assumes we do no further fha business. one of the things that is artificial about it is that, when interest rates go lower, it assumes piecer -- people pay off faster. that is accurate. what it does not take into account is half of those folks typically refinanced into a fha loan. by the nature of the actuarial, it takes a snapshot of time assuming you are closing down the fun
are we in a low-interest rate environment today? maintaining current policy a least three years or so should that be the prevailing environment assumption? >> you make a very important point in terms of the fact that the review was done not today but at a point with economic projections in july, over the summer. it is accurate that interest rates have dropped further than were built into the primary, actuarial view. there are two factors to that. home prices have performed better than...
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Dec 2, 2012
12/12
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CNNW
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. >> he designed the center for pain relief, he says, to be a welcoming, supportive environment for patients who want to live normal lives. >> to make it, you know, human, to make it tender, to make it hospitable. when people ask me, is it hard? no, it's not hard. it's a privilege to do that. >> it really gets to you, doesn't it? >> by 2001, our claims managers were sending me cases of injured workers who had had a low-back sprain and who were dead three years later from an unintentional overdose of prescribed opioids. it was the saddest thing i'd ever seen. >> so he took action, helping write guidelines that this year became state law. it applies to non-cancer chronic pain patients. it mandates prescriber education, treatment plans called pain contracts between physicians and patients, and tracking of opioid use. if states don't follow new laws reflecting best practices and universal prautions so opioids can be used safely and effectively, this will never turn around. >> the washington state law does have its share of critics, many of whom are patients dealing with pain right now. they are
. >> he designed the center for pain relief, he says, to be a welcoming, supportive environment for patients who want to live normal lives. >> to make it, you know, human, to make it tender, to make it hospitable. when people ask me, is it hard? no, it's not hard. it's a privilege to do that. >> it really gets to you, doesn't it? >> by 2001, our claims managers were sending me cases of injured workers who had had a low-back sprain and who were dead three years later from...
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Dec 2, 2012
12/12
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. >> he designed the center for pain relief, he says, to be a welcoming, supportive environment for patients who want to live normal lives. >> to make it, you know, human, to make it tender, to make it hospitable. when people ask me, is it hard? no, it's not hard. it's a privilege to do that. >> it really gets to you, doesn't it? >> yeah. >> you're taking more than we now consider a safe dose. >> many of these patients are here because some physicians and legislators are trying to curb washington state's prescription drug overdose problem. >> i think this is the worst manmade epidemic in history. >> dr. gary franklin is medical director for the state of washington's department of labor and industries. when is the first time this even became an issue that you had noticed? >> by 2001, our claims managers were sending me cases of injured workers who had had a low-back sprain and who were dead three years later from an unintentional overdose of prescribed opioids. it was the saddest thing i'd ever seen. >> so he took action, helping write guidelines that this year became state law. it applies to
. >> he designed the center for pain relief, he says, to be a welcoming, supportive environment for patients who want to live normal lives. >> to make it, you know, human, to make it tender, to make it hospitable. when people ask me, is it hard? no, it's not hard. it's a privilege to do that. >> it really gets to you, doesn't it? >> yeah. >> you're taking more than we now consider a safe dose. >> many of these patients are here because some physicians and...
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technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick w
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. i've got a nice long...
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Dec 4, 2012
12/12
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KTVU
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they are putting money into research on how different foods and their affects can affect health in the environment. they hope to disprove research that produce is not anymore nutritional than conventionally grown foods. >>> does anybody want it? why state officials say they are holding on to money they can't giveaway. >>> the royal palace has confirmed a future to the royal air is on the way. we will have more on why something this could start a baby boom. . >>> welcome back to the ktvu channel 2 morning news, a live look at the dow jones industrial average, very close to that 13,000 level, one stock that could certainly help, there it goes, home depot doing well and more is yet to come. >>> millions of dollars but nobody to claim it, and the state of california has $14 million in tax refunds but nobody to send them to. they rang up to $35,000 and to see if you have anyone claimed money click on links to the tax board. >>> california is looking good. it has not been so bad for us so far but doctors say get a flu shot. keizer said there are more than a million and every year 36,000 people die in th
they are putting money into research on how different foods and their affects can affect health in the environment. they hope to disprove research that produce is not anymore nutritional than conventionally grown foods. >>> does anybody want it? why state officials say they are holding on to money they can't giveaway. >>> the royal palace has confirmed a future to the royal air is on the way. we will have more on why something this could start a baby boom. . >>>...
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Dec 5, 2012
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. >> except if you go over the cliff and given how tenuous this economic environment is right now, the message it sends to business leaders, employers, this place is not only ungovern ner rabl, it's dysfunction among dysfunction. >> freand of mine, a liberal, said if you think they are going to trust you after you my the january 1st deadline, do you think they will trust you that week? if you can't meet your own deadline, why should they make anybody else's? >> and the markets are pricing in a solution. you see it really quite clearly. >> and somebody was on -- mcmahon was wrong. there are grownups jared bernsteinç and chris, thank yo. you're watching "hardball," the place for politics. to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. if you're a man with low testosterone, you sho
. >> except if you go over the cliff and given how tenuous this economic environment is right now, the message it sends to business leaders, employers, this place is not only ungovern ner rabl, it's dysfunction among dysfunction. >> freand of mine, a liberal, said if you think they are going to trust you after you my the january 1st deadline, do you think they will trust you that week? if you can't meet your own deadline, why should they make anybody else's? >> and the markets...
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failure of the so-called free market would be a boil companies are allowed to run around polluting our environment at the expense of our health and lives that and more into night's big picture rubble and drones are supposed to be used in combat situations with our enemies and yet we're using them against people in nations that were allies with what kind of precedent are we setting for the future of drone warfare across the globe share my thoughts into that steely take. tonight we have a special bigger picture discussion on the middle east history was made in new york city yesterday as the united nations general assembly approved a resolution that implicitly recognizes palestinian statehood in a vote of one hundred thirty eight to nine with forty one nations abstaining the u.n. elevated the palestinian authority's u.n. observer status from entity to nonmember state so what are the ramifications of that un decision and what are the key issues preventing peaceful and constructive negotiations between israel and the palestinians joining me now is dillon j. williams director of government affairs at th
failure of the so-called free market would be a boil companies are allowed to run around polluting our environment at the expense of our health and lives that and more into night's big picture rubble and drones are supposed to be used in combat situations with our enemies and yet we're using them against people in nations that were allies with what kind of precedent are we setting for the future of drone warfare across the globe share my thoughts into that steely take. tonight we have a special...
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Dec 7, 2012
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the space to positively influenced the environment is narrowing and may be closing. the establishment of the new opposition group combined with better understanding of the armed population provides a renewed opportunity for a more assertive u.s. policy. let me propose a couple of ideas. number one, first, the u.s. must lead an effort to better coordinate international support for the moderate syrian opposition. several countries over the past 20 months have provided different degrees of military political and humanitarian assistance to syrian opposition groups inside of the country. which has led to a common complaint from those in the opposition. they say that the u.s. and the international community have applied considerable pressure on the syrian opposition to called less and coordinate. yet these countries providing assistance to the opposition are sometimes not coordinated among themselves. and sometimes work at cross purposes. they want us to keep our own advice, which i think is a fair statement. a lack of international coordination serves to exacerbate tensio
the space to positively influenced the environment is narrowing and may be closing. the establishment of the new opposition group combined with better understanding of the armed population provides a renewed opportunity for a more assertive u.s. policy. let me propose a couple of ideas. number one, first, the u.s. must lead an effort to better coordinate international support for the moderate syrian opposition. several countries over the past 20 months have provided different degrees of...
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are we in a low interest rate environment today? and aren't we by virtue of what the fed has said, which is to say maintaining current policy at least through mid 2015, so three years or so, at least, isn't it very likely we're going stay in the low interest rate environment and shouldn't that be the prevailing environment assumption? >> you make a very important point in terms of the fact that the actuarial review was done not today but at a point with economic projections that are primarily in july over the summer. and so it's accurate that interest rates have dropped further than were built into the primary actuarial view. there are two offsetting factors to that, though. one is that home prices have performed better than were used in the actuarial. and that, based on what we know today, even for this year the actuarial would be significantly better if it were performed today just on that one variable. and then the second point is that the act warblee review is a -- actuarial review is a point in time that assumes that we do no f
are we in a low interest rate environment today? and aren't we by virtue of what the fed has said, which is to say maintaining current policy at least through mid 2015, so three years or so, at least, isn't it very likely we're going stay in the low interest rate environment and shouldn't that be the prevailing environment assumption? >> you make a very important point in terms of the fact that the actuarial review was done not today but at a point with economic projections that are...
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it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. get selsun blue for itchy dry scalp. strong itch-fighters target scalp itch while 5 moisturizers leave hair healthy. selsun blue. got a clue? get the blue. >>> the white house has just responded to the new fiscal cliff offer from house republicans. let's bring in our chief white house correspondent jessica yellin. jessica, how's
it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their...
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we're facing an inflationary environment too. it is troubling, and it is just about politics, and ideology and pushing that forward no matter what without thinking -- >> what they are saying is that obama will have to give more, than entitleme cuts and spending cuts and republicans might have to acquiesce to tax hikes. lou: what is the republican party coming, monica used expression pitical party suicide, i don't know if that drastic but there is a defeatism i find astonishing. >> they hope to stan strong together in one message, we need a warrior that is why i'm delighted that jim demint is leaving and going to the heritage foundation, we don't have a clear champion on our issue, senator rubio does a great job but we need more out there jan the kuh cuban guy from florida. lou: i tell you, right now, i may be insulting a lot of people, but he is the most ex fisk communicate or -- effective communicate or the replican party has but he is not talking about the fiscal cliff. >> he said we have to did is not create new taxes but new
we're facing an inflationary environment too. it is troubling, and it is just about politics, and ideology and pushing that forward no matter what without thinking -- >> what they are saying is that obama will have to give more, than entitleme cuts and spending cuts and republicans might have to acquiesce to tax hikes. lou: what is the republican party coming, monica used expression pitical party suicide, i don't know if that drastic but there is a defeatism i find astonishing. >>...
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Dec 6, 2012
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. >> angeline, talk about what the environment means in haiti. >> the environment means a lot. haiti is a country that has been hit by seasonal climate events almost every year. weather events and hurricanes have severely affected the country. every year, thousands of people are dying. many have been displaced. many others are still homeless. as a youth, it is my responsibility to take part in these activities, to do something about it. i would like to see climate justice. >> what the climate justice mean to you? >> for me, eradication of poverty. that means developed countries need to take responsibility by fulfilling -- by providing finance, which is key for countries like haiti. >> marco, what the climate justice mean to you? >> all of that, including the fact that currently, emissions in the atmosphere, 75% are coming from developed countries , countries that have done everything for over a century and now they're trying to place the burden on developed countries -- developing countries who barely have enough to eat. we have a severe injustice here that we need to act on. c
. >> angeline, talk about what the environment means in haiti. >> the environment means a lot. haiti is a country that has been hit by seasonal climate events almost every year. weather events and hurricanes have severely affected the country. every year, thousands of people are dying. many have been displaced. many others are still homeless. as a youth, it is my responsibility to take part in these activities, to do something about it. i would like to see climate justice. >>...
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Dec 7, 2012
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technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>shepard: there is breaking news on fox news channel, the supreme court has notify the us it will take us gay marriage cases including california's ban on same-sex marriage unions. we got the word and our correspondent is with us on the phone now. shannon, what is the story? >>shannon: they decided to take up to different gay marriage cases. you mention the one from california, you may remember proposition eight. the voters passed a measure that allows only the recognition of one man, one woman as a "marriage." a federal court overturned that. that want on appeal to the supreme court and they decided they will weigh in on that
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>shepard: there...
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we're in a competitive environment. by the way, people fly to phoenix and try to talk to our local companies as they look to expand and grow as a possibility of growing -- stuart: how about illinois? we all know that california is in dire financial shape. we know that. but illinois is as well. and illinois doesn't have as good a climate as california does. i mean, weather wise. you go up there and try to bring them down? >> sure, we have in the job recruitment business, you look around the country for where the best opportunities are, but again, you're not just going to sweet talk these companies. you've got to make sure you have the fundamentals right, not just tax policy, but you've got to have great neighborhoods. you've got to have great arts and culture. you've got to be committed to education. you have to have a quality of life that these employees, that they are going to try to recruit are going to want to live in. so workforce development, making sure you have the right people in place, which we're lucky enough
we're in a competitive environment. by the way, people fly to phoenix and try to talk to our local companies as they look to expand and grow as a possibility of growing -- stuart: how about illinois? we all know that california is in dire financial shape. we know that. but illinois is as well. and illinois doesn't have as good a climate as california does. i mean, weather wise. you go up there and try to bring them down? >> sure, we have in the job recruitment business, you look around...
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Dec 1, 2012
12/12
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under a stress environment, you tolerate a higher failure. what are the costs to society and the cost of that failure? we are starting to answer questions about that. we have not looked at it hard enough. it is really interesting going forward. >> one of the challenges is the chart we're showing does not answer the question. it shows you the cumulative default rate on mortgages, so at every one of those understates the reality of what fraction of our worst -- of borirowers went into the legacy. if they are excluding debt refinances altogether, that the minutes he is not being shown anywhere. we cannot deal with the tough question of what is the trade- off if we do not first measure the question. i encourage fha to redraw that chart where you link the borrowers, and then we can say what is the reality. >> that is a useful metric for analysis. that is where i think that the strength of personnel is. for the bigger question of what rate we are comfortable with, if we go with that metric, you will see there is a bifurcation in the data, there are
under a stress environment, you tolerate a higher failure. what are the costs to society and the cost of that failure? we are starting to answer questions about that. we have not looked at it hard enough. it is really interesting going forward. >> one of the challenges is the chart we're showing does not answer the question. it shows you the cumulative default rate on mortgages, so at every one of those understates the reality of what fraction of our worst -- of borirowers went into the...
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Nov 30, 2012
11/12
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as bill and tom pointed out, the political and media environments are much more hazard use today than they were then for all the reasons they have laid out. as bill and many others have pointed out, the sequestration sword that was hanging over the nation in 1990 was much more serious. it was three times more than three times as great as the sequestration percentage cuts that we are looking at on january 2nd. third, the initial bush budget for the fiscal year 1991, was based on quite unrealistic economic assumptions and failed to include anywhere near enough money for the savings and loan bailout, the rtc, and others all the became revealed during the spring of 1990. the economy was beginning to falter during the spring, and interest rates were rising. it's interesting to think about that a little. right now federal reserve policy basically has insulated us from one of the major consequences of fiscal irresponsibility. interest rates began to rise people in the housing industry, people selling durable consumer goods, stuff bought on credit immediately begin to -- right now we have non
as bill and tom pointed out, the political and media environments are much more hazard use today than they were then for all the reasons they have laid out. as bill and many others have pointed out, the sequestration sword that was hanging over the nation in 1990 was much more serious. it was three times more than three times as great as the sequestration percentage cuts that we are looking at on january 2nd. third, the initial bush budget for the fiscal year 1991, was based on quite...
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Dec 4, 2012
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and living environment. but on top of that, the great academic institutions we have. in 2010 over $2.5 billion expended in research for life science and biomedicine. over $1.2 billion in venture capital over the last few years. and we have made very significant investments in infrastructure particularly in novel new manufacturing for biomedical products, for advanced forms of testing that really attracts companies to texas. but that's on top of what is an absolute necessity and that is the business climate that the government and the leadership have generated. >> doctor, some of it is federal, right? some hhs stuff? how much is federal and how much is state in the partnership? >> well, we have very broad programs. i think what you were referring to is the state of texas led by a team by texas a&m university system was recently awarded a $285 million federal contract. >> yes. >> to have a center for advanced development and innovation. that's going to be located in texas. so, there is a significant financial
and living environment. but on top of that, the great academic institutions we have. in 2010 over $2.5 billion expended in research for life science and biomedicine. over $1.2 billion in venture capital over the last few years. and we have made very significant investments in infrastructure particularly in novel new manufacturing for biomedical products, for advanced forms of testing that really attracts companies to texas. but that's on top of what is an absolute necessity and that is the...
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technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. since ameriprise...
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Dec 6, 2012
12/12
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technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. every human being is unique. and there is one store that recognizes it. the sleep number store. the only place in the world you'll find the extraordinarily comfortable sleep number experience. an exclusive collection of innovations that totally individualize your sleep. perfectly comfortable pillows that adjust to your size and shape. temperature-balancing bedding. dual warmth comforters. all designed around the sleep number bed: a bed with dual-air technology that allows you to adjust to the support your body needs. each of your bodies. in the name of human individuality: the sleep number collection. discover how our sleep profess
technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. every human being is...
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cheesecake factory, they are talking about lessening full time workers, going to part time, in the environment where we're looking at 8% unemployment, this isn't about solving the economy. it's very obvious now. stuart: all politics all the time, it is redistribution, it's neo-socialism, forget what it will actually do to economic growth, no, what will it do for my political legacy? >> that's the point. it's advancing the causes of bureaucracy and dependency. so you have people who they no long very a full-time job. they have a part-time job. they need more government benefits you need a bigger bureaucracy to administer it. i'm not a big government fan. if you catch say the euro train on the continent two hours from brussels, that's pretty good, if you want government spending, here's something to show for it. there's nothing to show for it here except the department of bureaucratic compliance. charles: this was a big beef with the stimulus package. they are like -- they built a bridge that took me to stuart and it took them two years to do it. charles: hold on a second. i have to go to nicole
cheesecake factory, they are talking about lessening full time workers, going to part time, in the environment where we're looking at 8% unemployment, this isn't about solving the economy. it's very obvious now. stuart: all politics all the time, it is redistribution, it's neo-socialism, forget what it will actually do to economic growth, no, what will it do for my political legacy? >> that's the point. it's advancing the causes of bureaucracy and dependency. so you have people who they...
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technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. >>> almost a year after his death, kim jong ill still looms over north korea. today they erected eight statues around the city. they instribed his name and started plans to renovate the palace where his body lies in state. here is the breakdown of the cost that we found. so, how is the country paying for it? north koreans don't have the money. they are going to borrow some of it at rates like 40%. that is the amount of food that would have brought enough corn to wipe out the food shortfall. the threats that missiles pose the united states. tonight the story struck a chord with us. anderson starts now. >> tonight the top five things
technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. >>> almost...